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Casumina launches new products

The production value of the Southern Rubber Industry Company (Casumina) in first half of this year decreased slightly compared with the same period of 2004.

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Casumina’s radial production line.

The company, however, recorded a rise in its turnover to VND 140 billion, up 2.8% over the same period last year thanks to successful launch of new products in the market and an increase in output of RADIAL tire TUBELESS. Particularly, the new product categories include RADIAL tire 195/75 R16C TUBELESS, RADIAL tire 215/75 R16C TUBELESS and RADIAL tire 205 R16 TUBELESS. Besides, the company is planning to launch its new steel radials for trucks in the third quarter of 2005. To date, the domestic manufacturers have not yet provided steel radials for trucks that are imported from foreign countries.

New products launch helped the company diversifying the business and expanding into new markets. Accordingly, production of the company kept stable and salaries of employees increased. During the period, the company contributed to the State budget with an amount of VND 4.4 billion, rose by 2.6 times compared with the same period of 2004.

(Source Dong Nai Newspaper)

 

Author: admin

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